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If preferred dividends are limited to the stated rate of dividend, the preferred stock is B. nonparticipating. C. cumulative. D. noncumulative.
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2 votes
If preferred dividends are limited to the stated rate of dividend, the preferred stock is

B. nonparticipating.
C. cumulative.
D. noncumulative.

User Neini Amanda
by
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2 Answers

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I am pretty sure that it is cumulative

User Jasdefer
by
8.2k points
2 votes

For future visitors Cumulative is incorrect.

User Sayo Komolafe
by
8.4k points
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